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GOVERNMENT

Hind Copper may raise Rs. 800 crore for expansion.

State-owned Hindustan Copper Ltd. (HCL) may raise Rs. 800 crore to fund expansion and diversification projects, according to a senior official. Responding to a query during the company's press conference here... Full Story

BSH Group to invest Euro 100 m on Chennai unit.

The Euro 14-billion BSH Group will invest an additional Euro 100 million in India to set up a refrigeration facility... Full Story

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L&T Construction bags Rs. 3,191-cr order for Dhaka Metro.

Larsen & Toubro (L&T) recently said L&T Construction has bagged a Rs. 3,191-crore order from the Dhaka Mass Transit Company... Full Story

Jordan and Saudi Arabia signs four agreements to finance development projects

Jordan and Saudi Arabia have signed four agreements to finance development projects at a total of $299.4 million (around JD212.36 million). Of the $299.4 million, $42.4... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Iran rejects worries over impact of new US sanctions on Chabahar project.
Striking a defiant note over possible new sanctions against Tehran, Iran’s transport minister says the move would “isolate” the US, and rejected any worries that... Full Story
ONGC Videsh hasn't heard from Iran on $11 bn offer for Farzad-B gas field.
ONGC Videsh Ltd., the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), recently said it hasn't heard from Iran on the $11 billion... Full Story
IHG signs two new properties in Dubai.
Global hotel company InterContinental Hotels Group (IHG) recently announced signing two new properties in Dubai. Both properties are in partnership with API Hotels & Resorts, the... Full Story
Ultra Fairwood bags rapid transit project in UAE.
Transportation technology solutions provider Ultra Fairwood will undertake a $1.6 billion rapid transport project at the UAE’s Ajman city. The cost of the project is $1,604... Full Story
Sterling & Wilson to execute 1177 MW solar PV plant in Abu Dhabi.
Sterling and Wilson bagged mandate to execute a 1177 MW single location solar PV turnkey EPC and maintenance contract in Sweihan, Emirates of Abu Dhabi. The... Full Story
Iraq signs $ 500 m electricity deal with ABB.
Iraq signed a $500 million agreement with ABB to implement energy projects, Prime Minister Haider al-Abadi's office said in a statement recently. 'An electricity agreement was... Full Story
Kayam Churna goes overseas, makers plan unit in Dubai.
Bhavnagar-based herbal lifestyle products maker Sheth Brothers, popularly known for Kayam Churna, is foraying overseas with a manufacturing unit at Dubai. According to the family... Full Story
Rashtriya Chemicals to set up 1.3-mt urea plant in Iran.
Rashtriya Chemicals & Fertilizers (RCF) has formed a venture with Gujarat State Fertilizer Corporation (GSFC) and Faradast Energy Falat Company (FALAT) for the development of... Full Story

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